Heartland Express Inc. Reports Q2 2025 Operating Revenue Drop to $210.4M, Net Loss Widens to $10.9M, EPS Falls to $0.14
Reuters
Jul 24
Heartland Express Inc. Reports Q2 2025 Operating Revenue Drop to $210.4M, Net Loss Widens to $10.9M, EPS Falls to $0.14
Heartland Express Inc. (Nasdaq: HTLD) has reported its financial results for the second quarter of 2025. The company achieved operating revenue of $210.4 million, a decrease from the $274.8 million reported in the same period of 2024. Fuel surcharge revenues also decreased to $24.5 million from $36.8 million in the previous year. The company reported a net loss of $10.9 million for the quarter, compared to a net loss of $3.5 million in the second quarter of 2024. The operating ratio increased to 105.9% from 99.9%, with a non-GAAP adjusted operating ratio of 106.0%. Despite the challenges, Heartland Express continues to invest in its operations. During the quarter, the company invested $5.8 million in its fleet, reduced debt and financing leases by $5.6 million, and repurchased 1 million shares of its common stock for $8.9 million. The company remains confident in its operating model despite the current industry challenges.
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